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bitcoin
Bitcoin (BTC) $ 98,820.48 3.19%
ethereum
Ethereum (ETH) $ 3,062.41 5.80%
xrp
XRP (XRP) $ 2.79 6.49%
tether
Tether (USDT) $ 0.999829 0.01%
solana
Solana (SOL) $ 208.74 8.38%
bnb
BNB (BNB) $ 646.90 3.72%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.291419 10.38%
cardano
Cardano (ADA) $ 0.868992 6.83%
staked-ether
Lido Staked Ether (STETH) $ 3,059.19 5.77%

Bitcoin possibly undervalued as Mayer Multiple hits lowest since FTX collapse

The popular Bitcoin valuation metric hasn’t been at this level since the downfall of cryptocurrency exchange FTX in November 2022.

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